These items are taken from the financial statements of Crane Company at December 31, 2022....

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Accounting

These items are taken from the financial statements of Crane Company at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation-equipment Interest payable Service revenue $110,032 13,104 3,328 12,314 85.696 63,648 811 5,512 2,704 62,400 41,600 47,424 9,880 97.344 19.469 3.744 15.288 Prepare a classified balance sheet. Assume that $14.144 of the note payable will be paid in 2023. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment) CRANE COMPANY Balance Sheet Assets
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\begin{tabular}{|c|c|} \hline buldina & 3110032 \\ \hline Acemunts recelvale & 13104 \\ \hline Frepais insurner & asat \\ \hline Canh & 123:4 \\ \hline Esuprent & 6569 \\ \hline Lend & \\ \hline herafce covernm & itit \\ \hline Depenciation easenon & 3512 \\ \hline internst expense & 2,704 \\ \hline Ceinitronatork: & 82450 \\ \hline & Ate00 \\ \hline Acrumdated treresiftion-bulden: & 47.424 \\ \hline Acovitsparalie & \\ \hline Noterswate & \\ \hline & 3948 \\ \hline Intentronste & 2744 \\ \hline Servis mene & 15nat \\ \hline \end{tabular}

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